Business News

This section contains the latest business news stories.

06 Feb 2025

£35 million added to State Pension pots

People plugging gaps in their National Insurance contributions (NICs) have added £35 million to their State Pensions since last April, according to figures from HMRC.

05 Feb 2025

Firms call for reduction in tax burden on business

A survey carried out by the Institute of Directors (IoD) has revealed that a significant number of UK firms want a reduction in the tax burden on business.

04 Feb 2025

11.5 million file self assessment by 31 January deadline

More than 11.5 million taxpayers beat the self assessment deadline to file their tax return for the 2023/24 tax year by 31 January and avoid a £100 late filing penalty, according to HMRC's data.

03 Feb 2025

British household wealth increases to £13.6 trillion

Data published by the Wealth and Assets Survey (WAS) has showed that British household wealth hit a record high of £13.6 trillion in the two years to March 2022.

31 Jan 2025

Trade strategy 'prize is huge', says BCC

If the government gets its trade strategy right the 'prize is huge', the British Chambers of Commerce (BCC) has said.

30 Jan 2025

Pension reforms to 'unlock billions' in government growth agenda

New rules will give more flexibility over how occupational defined benefit pension schemes are managed, according to the government.

29 Jan 2025

UK firms expecting slowdown, CBI finds

UK firms are expecting to reduce both output and hiring this quarter, according to a survey conducted by the Confederation of British Industry (CBI).

28 Jan 2025

Government commissions review of Loan Charge

The government has commissioned an independent review of the Loan Charge.

27 Jan 2025

Consumer confidence falls to lowest point in over a year

Confidence amongst consumers in the UK economy has fallen to its lowest point in over a year, according to data published by market research firm GfK.

24 Jan 2025

3.4 million still to file self assessment returns as deadline approaches

There are still 3.4 million self assessment taxpayers who are yet to file their tax return for 2023/24 with the deadline fast approaching, according to HMRC.

23 Jan 2025

Parliamentary watchdog accuses HMRC of 'degrading' phone services

Parliament's spending watchdog has accused HMRC of deliberately running down its phone services to force people to use its digital services, according to a report.

22 Jan 2025

Data reveals exports fell flat at end of 2024

Data published by the Office for National Statistics (ONS) recently showed that UK exports fell flat towards the end of last year.

21 Jan 2025

IMF upgrades UK outlook

The International Monetary Fund (IMF) has upgraded its growth forecast for the UK economy this year.

20 Jan 2025

Flexibility in English and Maths rules would increase take up of apprenticeships

Almost threequarters of UK business say they should be able to decide whether adult apprentices should be required to undertake English and Maths qualifications, according to a recent poll by the Institute of Directors (IoD).

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